Pesos is the plural type of the Spanish phrase peso, which implies “weight” or “coin”. It’s the forex of a number of nations, together with Argentina, Chile, Colombia, Cuba, the Dominican Republic, Mexico, and Uruguay. In English, the phrase “peso” is commonly used to seek advice from the Mexican peso, which is the official forex of Mexico.
The peso has an extended and assorted historical past. It was first launched to the Americas by the Spanish within the sixteenth century. The peso was initially a silver coin, and it was used as forex within the Spanish colonies for hundreds of years. After the Spanish-American Warfare, the peso was changed by the US greenback in most of the former Spanish colonies. Nonetheless, the peso stays the forex of a number of nations in Latin America right now.
